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Property, Plant and Equipment
12 Months Ended
Jan. 31, 2023
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

NOTE 8 – PROPERTY, PLANT AND EQUIPMENT

A summary of the components of property, plant and equipment and their estimated useful lives is as follows (in thousands):

 

 

 

As of January 31,

 

 

 

 

 

2023

 

 

2022

 

 

Estimated Useful Lives

Land and buildings

 

$

1,313

 

 

$

1,288

 

 

40 years for buildings

Furniture and equipment

 

 

58,026

 

 

 

57,405

 

 

4 to 10 years

Computer software

 

 

31,328

 

 

 

33,006

 

 

5 to 10 years

Leasehold improvements

 

 

40,332

 

 

 

38,831

 

 

Lesser of lease term or useful life

Design fees and tooling costs

 

 

1,439

 

 

 

2,044

 

 

3 years

 

 

 

132,438

 

 

 

132,574

 

 

 

Less: Accumulated depreciation and
   amortization

 

 

(113,739

)

 

 

(113,104

)

 

 

Property, plant and equipment, net

 

$

18,699

 

 

$

19,470

 

 

 

 

Depreciation and amortization expense from operations related to property, plant and equipment for fiscal 2023, 2022 and 2021 was $7.4 million, $8.6 million and $10.0 million, respectively, which includes computer software amortization expense for fiscal 2023, 2022 and 2021 of $1.5 million, $1.6 million and $2.1 million, respectively.